Freight Reverse: Jan 27 - Feb 2
Reverse Logistics Association
RETURNS MANAGEMENT: CORNERSTONE OF THE CIRCULAR ECONOMY
Welcome to Freight Reverse, sharing the latest reverse logistics market news each week. Interested in learning more about reverse logistics? if so, check out the Reverse Logistics Association and consider joining.
Circular Economy
NBC - From jewelry and clothes to food waste, a growing number of sectors are focusing on operating as part of a "circular economy," aiming to waste less — and reap the financial benefits in the process. The rising cost of raw materials and a move to reduce carbon emissions could mean working in this way becomes "critical," according to Goldman Sachs, which said the global economy could benefit to the tune of up to $4.5 trillion by 2030.
Recommerce
Inc. - How this recommerce platform turns unsold merch into revenue for everyone from Amazon to Walmart
“Everyone builds up inventory for Christmas, pre-holiday season, and then whether it’s through both the overstock side of things [or] the customer returns side of things, it tends to be January and February are your really big months for moving inventory,” says B-Stock CEO Marcus Shen, who explains that his company oversees the sale of 30-40 percent more inventory in the period after the holidays than at other points during the year.
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Recycling
RLA News
Our monthly webinar series continues this Wednesday - Global Right to Repair Legislation Updates with Gay Gordon-Byrne, Executive Director at The Repair Association and David Fitzsimons, Director at European Remanufacturing Council. Click here to register.
That's it for this week. If you have news to share, please send to [email protected].
- Cathy